Solar Industries Q3 Profit Jumps 42%, Shares Surge 6% on Strong Performance

• Solar Industries India Ltd reported a 41.7% year-on-year increase in net profit to ₹446.3 crore in Q3.
• Revenue grew by 29.2% to ₹2,548.3 crore, driven by healthy demand and operational leverage.
• EBITDA rose 34.5% to ₹708 crore, with the margin improving slightly to 27.8%.
• Following the robust earnings, Solar Industries shares jumped over 6% to an intraday high of ₹14,049 on NSE.
• The company, a key player in industrial explosives and defence, continues to show strong earnings trajectory.

Why It Matters: Solar Industries delivered strong Q3 results with a 42% profit surge, boosting investor confidence and share price.